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NTPC 1,200 MW Hybrid-03 Auction

Sector: Solar • Location: India

Source: SolarQuarter

Project
Awarded

The NTPC Hybrid-03 auction results for 1,200 MW ISTS-connected wind-solar hybrid power projects show competitive bidding among major developers. NLC India secured the highest allocation of 450 MW at a tariff of ₹3.35/kWh, followed by EG Solwin with 300 MW, and Welspun with 250 MW, all at the same rate. Adani Renewable Energy won 200 MW at a slightly higher tariff of ₹3.36/kWh, indicating strong co

Status
Closed
Sector
Solar, Wind, Power Generation (CCGT), Government
Location
India
Updated
22 Jul 2026
Source
SolarQuarter

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The project “NTPC 1,200 MW Hybrid-03 Auction” is an infrastructure initiative in the Solar sector, located in India. Taiyo aggregates data on it from SolarQuarter.

Participants

Sponsoring Agency

Status

Original status

Awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

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Not available for this record.

Description

Description

The NTPC Hybrid-03 auction results for 1,200 MW ISTS-connected wind-solar hybrid power projects show competitive bidding among major developers. NLC India secured the highest allocation of 450 MW at a tariff of ₹3.35/kWh, followed by EG Solwin with 300 MW, and Welspun with 250 MW, all at the same rate. Adani Renewable Energy won 200 MW at a slightly higher tariff of ₹3.36/kWh, indicating strong competition in the renewable energy sector.

Original sector

Energy

Location

Country

India

Source

Source

SolarQuarter

URL

More Details

Record type

Project

Sector

Solar, Wind, Power Generation (CCGT), Government

Article published date

2025-03-20

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